{"id":14894,"date":"2014-02-17T04:14:35","date_gmt":"2014-02-17T03:14:35","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=14894"},"modified":"2014-02-17T04:14:35","modified_gmt":"2014-02-17T03:14:35","slug":"financial-crises-are-the-same","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/financial-crises-are-the-same\/","title":{"rendered":"Financial Crises Are the Same"},"content":{"rendered":"

In their introduction to \u201cThis Time It\u2019s Different\u201d the story of the origin of the phrase is told.\u00a0 Vincent Reinhart worked for the Federal Reserve for twenty-five years.\u00a0 Attending a meeting of the board of governors and market practitioners, one trader with an uncharacteristically long memory declared, \u201cMore money has been lost because of four words than at the point of a gun.\u00a0 Those words are, \u201cThis time it\u2019s different.\u201d<\/p>\n

This Time It\u2019s Different by Carmen Reinhart and Kenneth Rogoff<\/a><\/strong><\/p>\n

 <\/p>\n

\"Financial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In their introduction to \u201cThis Time It\u2019s Different\u201d the story of the origin of the phrase is told.\u00a0 Vincent Reinhart worked for the Federal Reserve for twenty-five years.\u00a0 Attending a meeting of the board of governors and market practitioners, one … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-14894","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t